Great goal. Had the same 5 years ago, but it was a bit easier to achive that.
I have learned from this forum that there is no need to dump your coin because of FUD, this distraction will come and go. So I am no longer reading those blogs or social media that is promoting this this fear that will make me dump my small holding and abandon my dream. My focus is to own one Bitcoin.
this forum is a place for bitcoin enthusiasts. This is the perfect place to learn about bitcoin technicalities, including all the details, but it's definitely not an objective place to get information about future bitcoin pricing and investment strategies. In 1990, people were excited about Japanese stocks, which grew 350x in 40 years. When the bubble burst, it took 34 years to return to the area of precious ath (
not adjusted for inflation). Do you have that much time if history were to repeat itself on bitcoin? In japan 40 years pump and 40 years to get back to ath. on bitcoin 14 years pump and 14 years to get back to ath?
I'm not saying that will happen. I even put a small probability on it, and I expect a new ATH in 2024, but it is an event with a non-zero probability, for which you also need to be prepared, to avoid scenario in which you sell your bitcoin on huge loss, after 5 years of holding, because you lost your job due to the crisis, and the entire financial cushion was in bitcoin.